November’s meme coin season has turned savvy traders into millionaires. With Solana’s Pump.fun platform minting success stories like PNUT and Best Wallet’s presale surging past $500K, traders are rethinking their strategies.
November has been a transformative month for meme coin traders, with Solana’s Pump.fun platform leading the charge. Designed to democratise meme coin creation, Pump.fun has generated over 3 million tokens this year and continues to capture investor interest.
The platform’s fee wallet recently cashed out another 105,000 Solana tokens worth $25 million, reflecting the immense activity on its network. These funds, likely used to sustain operational costs, highlight the scale of meme coin trading on Solana.
One standout success story from Pump.fun is Peanut the Squirrel (PNUT). Launched earlier this month, PNUT’s market cap skyrocketed from $10,000 to $1.2 billion in just 10 days. Binance’s listing of PNUT further boosted its price, marking it as the fastest-growing meme coin to reach a $1 billion market cap.
For traders lucky enough to invest early, PNUT has delivered life-changing returns. One trader, who purchased $2.…
The post How Successful Meme Coin Traders in November are Playing The Market Investing in Solana Meme Coins and Crypto Wallet Presales with Pump.fun and Best Wallet appeared first on Coin Edition.